Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[bitserve]

500 BTC buy wall at Bitstamp @ 6150 that started to get bitten and was pulled.

[1686361623]

1686361623

[1686361623]

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[RoomBot]

ALL IN ALL WE'RE JUST ANOTHER BRICK

IN

THE

WALL.

I suggest we look a bit to the future a bit more.

Visualize HODLing 'til 2020 Halvening.

Just visualize it.

don't have to visualize it ...I"m stuck..stubborn and drank the 2013 BTC  kool-aid...I'm like a street person in Beverly Hills..sure it looks dire..but damn, I'm in Beverly Hills ..sheesh...

pay attention)


I'll see you there.....boom or bust...

I'll be there!  Although by then I expect to be upgraded to a Commodore.









64.

What will I do with all 8 bits??

[TeeBone]

78.6% retracement of entire bubble is 4.3K, for u traders out there.

[egyptian magician]

that is my fear....or if you go by the old bubble chart of despair....that would be the bottom...more or less.....

so much for BTC being a store of value....maybe it will bounce back some..but who wants a store of value yo/yo that gives you a heart attack every 4 months

Real store of value is decades away still. Anyone who bought that line is a gold plated tosspot. I love the principle and it makes sense due to BTC's qualities, but it's being constantly shat on by human nature.

We haven't even mined the last block yet! That's still at least 100 years away. Maybe by that point it will become reasonably stable, or at least on a similar level with gold. So I agree, everyone who believes Bitcoin is a "store of value" is bullshitting themselves, just like the people who think we're on the verge of "changing the world". I'm not saying that there aren't revolutionary qualities about Bitcoin, but at least for now, 99% of this market is about investors trying to make easy money.

[JayJuanGee]

Doesn't anyone here have a life?

Not when their lambo dreams are even futher delayed  

With all due respect, we lost our imaginary Lambos weeks ago.

But Bob's still got his new Porsche.  And the old one, it sounds like.  Seems like best bet is to skip the imaginary ones, and get a real one.  They last longer!

EXACTAmente.

The best way to get rich, is to start out rich.

hahahahaha

[HairyMaclairy]

Ding ! Ding !

Two more buy orders went through while I was on the phone.  I feel like I am leveling up in World of Warcraft.  

I am enjoying this crash immensely.  The wait at the bottom may be a bit of a pain but I am young and patient.

[RoomBot]

that is my fear....or if you go by the old bubble chart of despair....that would be the bottom...more or less.....

so much for BTC being a store of value....maybe it will bounce back some..but who wants a store of value yo/yo that gives you a heart attack every 4 months

Real store of value is decades away still. Anyone who bought that line is a gold plated tosspot. I love the principle and it makes sense due to BTC's qualities, but it's being constantly shat on by human nature.

We haven't even mined the last block yet! That's still at least 100 years away. Maybe by that point it will become reasonably stable, or at least on a similar level with gold. So I agree, everyone who believes Bitcoin is a "store of value" is bullshitting themselves, just like the people who think we're on the verge of "changing the world". I'm not saying that there aren't revolutionary qualities about Bitcoin, but at least for now, 99% of this market is about investors trying to make easy money.

It's already massively changed the world, and every one of us who's touched it, digitally speaking.

Remittances from workers all over the world were expedited cheaply for many years.

Women in countries where they can't have a bank account are now saving and spending and building wealth & micro-businesses.  

BTC has funded charities and political movements.

I know lots of Bitcoiners who won't have to pay war taxes this year in USA.

Come on, even Wall Street is getting involved, (damn it.)

Maybe it hasn't changed the First World enough for you, but it has already changed the world in spades.

Could not agree more that too much emphasis has been put on BTC as an investment tool only.

[JayJuanGee]

Im just buying piecemeal now. Im not even trying to guess or trade the bottom - itll bounce too fast.

Tera Bera... reverted to likely temporary incremental bullism.


Go figure!       Crazy times call for crazy happenings.   

[Searing]

Im just buying piecemeal now. Im not even trying to guess or trade the bottom - itll bounce too fast.

Tera Bera... reverted to incremental bullism.


Go figure!     

Ack! my world has upturned!

Ack!

[lightfoot]

I am still in HODL mode. (stubborn skills that I seem have down, in spades).

Oh good, I'm glad you're still alive. Don't worry about this, it's normal silliness, remember when I was stupid enough to trade 2btc for an ounce of gold?

Oi.....

[bones261]

I take it Peter is now referring to Bcash as the one true Bitcoin.  True to form.

No.  You take BTC as "the one true bitcoin."  As for me, I say that I don't know.  Maybe BTC will remain dominant; but maybe BCH with its greater block size limit will overtake it.  Or maybe a new branch will prevail.  It doesn't matter to me because Bitcoin is the sum of its forks and I hold them all.  

Unfortunately, it appears that in all of my views of this web page, https://txhighway.com/, the one lane highway is still being used much more heavily than the 8 lane highway.   It appears the BCH proponents have a long way to go to get anywhere near the adoption BTC enjoys now. This is despite the BTC mempool being at times so clogged that it is "unusable" as BCH supporters have spouted out time and time again. Or the recent narrative seems to be that BTC now has low fees because it is losing adoption. Well, that may be true, that BTC is losing adoption. However, as the web page that I have linked to demonstrates, time and time again, BCH is not gaining adoption by leaps and bounds.

[lightfoot]

EXACTAmente.

The best way to get rich, is to start out rich.

hahahahaha

Real ones need oil changes. But you know, I took my Bitcoin Porsche to work today, it was really nice on the back roads. And it makes me feel better about the whole crash thing.

Course I have to replace the damn timing belt in the spring, but that's life.

[Searing]

I am still in HODL mode. (stubborn skills that I seem have down, in spades).

Oh good, I'm glad you're still alive. Don't worry about this, it's normal silliness, remember when I was stupid enough to trade 2btc for an ounce of gold?

Oi.....

It is damn chilly though up on this microwave tower...however..I'm meeting all sorts of nice cute EMT women with bullhorns and on 911 however.....I had the foresight

to bring a climbing tent and lashed it up here....nice to see all these nice people below that like me.....police lights are a pain on napping, however...

they all seem rather frantic for me to come down for some reason...something about....BTC kool-aid delusion syndrome or BTCKAD syndrome ..hmmmmm.....

also, something about DENIAL.....as long as BTC remains above 10k I'm fine right...DENIAL / DELUSION ..NO idea what they are talking about (pleasant here in the splinters of the

windmills of my mind)

[lightfoot]

I am still in HODL mode. (stubborn skills that I seem have down, in spades).

Oh good, I'm glad you're still alive. Don't worry about this, it's normal silliness, remember when I was stupid enough to trade 2btc for an ounce of gold?

Oi.....

It is damn chilly though up on this microwave tower...however..I'm meeting all sorts of nice cute EMT women with bullhorns and on 911 however.....I had the foresight

to bring a climbing tent and lashed it up here....nice to see all these nice people below that like me.....police lights are a pain on napping, however...

they all seem rather frantic for me to come down for some reason...something about....BTC kool-aid delusion syndrome or BTCKAD syndrome ..hmmmmm.....

Hopefully you bought a Boring/Tesla flamethrower. Aside from really impressing the shit out of police, it does a great job of keeping you warm and jump starting S9 miners.....

C

[Searing]

I am still in HODL mode. (stubborn skills that I seem have down, in spades).

Oh good, I'm glad you're still alive. Don't worry about this, it's normal silliness, remember when I was stupid enough to trade 2btc for an ounce of gold?

Oi.....

It is damn chilly though up on this microwave tower...however..I'm meeting all sorts of nice cute EMT women with bullhorns and on 911 however.....I had the foresight

to bring a climbing tent and lashed it up here....nice to see all these nice people below that like me.....police lights are a pain on napping, however...

they all seem rather frantic for me to come down for some reason...something about....BTC kool-aid delusion syndrome or BTCKAD syndrome ..hmmmmm.....

Hopefully you bought a Boring/Tesla flamethrower. Aside from really impressing the shit out of police, it does a great job of keeping you warm and jump starting S9 miners.....

C

damn it........knew I forgot something.....is there not a saying that you should do three things before you die?

1) have a child

2) plant a tree

3) make a fortune and lose a fortune



something like that ......good a goal...I just have to get a cute female EMT up here and knock her up.....and I'll be golden...3 for 3.

they are now mumbling something about finding old girlfriends to talk to me ....now I'm sure they are plotting to get me ...

they don't seem to want to climb up here anymore since I wizzed on the last bunch that tried...ah KOOL-AID and BTC price above 10k all is well...

unclear on how I got here howerver.....hmmmmm...and every time I think 10k BTC that is now sitting pretty... I get a tummy ache...back to denial mode.

[TERA2]

I wanna know whats going through the mind of someone selling here. Do they think this is their last chance of selling at 6K?

[Peter R]

I wanna know whats going through the mind of someone selling here. Do they think this is their last chance of selling at 6K?

You don't think we can fall to $3.5k?

[rafanadal]

I wanna know whats going through the mind of someone selling here. Do they think this is their last chance of selling at 6K?

yes

[cAPSLOCK]

The sentiment on the forum perplexes me. When its at a high everyone is super bullish and when its down 70% (where there is always a huge bounce) the forum is super bearish. I thought all the super smart bitcoin people here would be better than that.

Not everyone is talking.  Not everyone is telling the truth.

[TERA2]

I wanna know whats going through the mind of someone selling here. Do they think this is their last chance of selling at 6K?

You don't think we can fall to $3.5k?

Not right now, but I think it could rally to 10K+ and then fall to 3.5K